Budget Basics Worksheet

Budget Basics Work Sheet

The first step in getting yourself in financial shape to buy a home is to know what you make and what you spend now. List your income and expenses below.

INCOME

Take-Home Pay/All Family Members

Child Support/Alimony

Pension/Social Security

Disability/Other Insurance

Interest/Dividends

Other

TOTAL INCOME

EXPENSES

Rent/Mortgage

Life Insurance

Health/Disability Insurance

Vehicle Insurance

Homeowners or Other Insurance

Car Payments

Other Loan Payments

Savings/Pension Contribution

Utilities

Credit Card Payments

Car Upkeep

Clothing

Personal Care Products

Groceries

Food Prepared Outside the Home

Medical/Dental/Prescriptions

Household Goods

Recreation/Entertainment

Child Care

Education

Charitable Donations

Miscellaneous

TOTAL EXPENSES

 

REMAINING INCOME AFTER EXPENSES  
(TOTAL INCOME - TOTAL EXPENSES)